New York § 1001 Definitions

New York Statutes

§ 1001 — Definitions

New York § 1001

Law BNKBanking

Title 1Definitions; Application; Certificates; Miscellaneous

Art. 15General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies

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Bluebook

N.Y. Banking § 1001 (2026).

Text

  § 1001. Definitions. In this article, unless the context otherwise\nrequires:\n  1. "Corporation" means and includes all banks, trust companies, safe\ndeposit companies, investment companies, mutual trust investment\ncompanies, and, to the extent not provided otherwise under any\nregulation of the superintendent of financial services promulgated\npursuant to the provisions of section fourteen-e of this chapter,\nstock-form savings banks and stock-form savings and loan associations.\n  2. "Director" means any member of the governing board of a\ncorporation, whether designated as director, trustee, manager, governor,\nor by any other title. The term "board" means "board of directors".\n  3. "Foreign corporation" means a corporation which is licensed by the\nsuperintendent under the provisi

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§ 1001. Definitions. In this article, unless the context otherwise\nrequires:\n 1. "Corporation" means and includes all banks, trust companies, safe\ndeposit companies, investment companies, mutual trust investment\ncompanies, and, to the extent not provided otherwise under any\nregulation of the superintendent of financial services promulgated\npursuant to the provisions of section fourteen-e of this chapter,\nstock-form savings banks and stock-form savings and loan associations.\n 2. "Director" means any member of the governing board of a\ncorporation, whether designated as director, trustee, manager, governor,\nor by any other title. The term "board" means "board of directors".\n 3. "Foreign corporation" means a corporation which is licensed by the\nsuperintendent under the provisions of article two of this chapter to do\nbusiness in this state or is applying for such license and a corporation\nauthorized to conduct business in this state pursuant to article five-C\nof this chapter or is applying for such authorization.\n 4. "Office" means in the case of a bank or trust company its principal\noffice, in the case of a safe deposit company, investment company or\nmutual trust investment company, its principal place of business and in\nthe case of a foreign corporation the place of business designated in\nits license or its authorization pursuant to article five-C of this\nchapter, as the case may be, for the oldest agency or branch in this\nstate of such foreign corporation.\n 5. "Organization certificate" includes (a) the original organization\ncertificate or any other instrument filed or issued under any statute to\nform a corporation or foreign corporation, as amended, supplemented or\nrestated by certificates of amendment, merger or consolidation or other\ncertificates or instruments filed or issued under any statute; or (b) a\nspecial act or charter creating a corporation or foreign corporation, as\namended, supplemented or restated by special acts or by certificates of\namendment, merger or consolidation or other certificates or instruments\nfiled or issued under any statute.\n 6. "Treasury shares" means shares which have been issued, have been\nsubsequently acquired, and are retained uncancelled by the corporation.\n